NOT LISTED FOR SALE

1506 Otway St Burlington, NC 27215

Burlington Area

Estimated Value: $120,000 - $200,190

3 Beds
1.5 Baths
1,326 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2023

Last sale price $108,500 $82 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $898 / mo

56 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Wood Flooring
  • Detached Garage
  • Storm Windows

About This Home

As of March 2023

Investor special could rent out for $1300.00-1450.00 there is an extra 347 heated and finished square feet not included with the total Square foot which has ceilings below 7'. This home should BRRRR as well. call showing time for an appointment to show this unit.

Last Agent to Sell the Property

Shawn Rowell

AHB Realty and Property Mgmt. License #339189 Listed on: 12/30/2022

Co-Listed By

Bill Sandford

AHB Realty and Property Mgmt. License #234648

Home Details

Home Type

  • Single Family

Year Built

  • 1919

Lot Details

  • 25,134 Sq Ft Lot
  • Lot Dimensions are 115x147.2x175x100.53x54.5
  • Fenced Yard
  • Irregular Lot

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Storm Windows
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8862992170

Home Details

Home Type

Single Family

Year Built

1919

Lot Details

0.58 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Lot Size: 115x147.2x175x100.53x54.5
  • Co List Office Phone: 336-580-4282
  • Directions: Take 49 South cross the river come up the hill make a right onto Arrow lane then make a right on to Otway Lane pull straight into the driveway next to the white building with the silhouette of a carriage on it and follow the drive way round to the back door enter into the back door .
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1919
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl, Vinyl, Wood
  • Interior Amenities: Other
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Irregular Lot
  • Construction Type: Brick, Block, Vinyl Siding
  • Exterior Features: Fence
  • Other Structures: Storage
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Lot Info

  • Lot Size Sq Ft: 25134.0
  • Parcel #: 8862992170
  • Zoning Description: RES

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 27, 2023
Sold by
Bought by
Seller's Agent
Shawn Rowell
AHB Realty and Property Mgmt.
List Price
$115,000
Sold Price
$108,500
Premium/Discount to List
-$6,500
-5.65%
Views
502
Current Estimated Value
$156,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,298
Avg. Annual Appreciation
11.84%
Original Mortgage
$106,408
Interest Rate
0.0632%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 29, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
0.0719%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$108,500 Land And Title
$70,000 --
$57,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $106,408
Previous Owner $53,634
Previous Owner $61,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $108,500 -5.7% $82 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $115,000 -- $87 / Sq Ft
Source: Alamance Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $607 $100,641 $17,360 $83,281
2024 $552 $100,641 $17,360 $83,281
2023 $512 $100,641 $17,360 $83,281
2022 $416 $54,482 $17,741 $36,741
2021 $421 $54,482 $17,741 $36,741
2020 $427 $54,482 $17,741 $36,741
2019 $429 $54,482 $17,741 $36,741
2018 $0 $54,482 $17,741 $36,741
2017 $378 $54,482 $17,741 $36,741
2016 $377 $54,808 $24,837 $29,971
2015 $375 $54,808 $24,837 $29,971
2014 -- $54,808 $24,837 $29,971
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shawn Rowell

    AHB Realty and Property Mgmt.

    (321) 278-9612

    61 Total Sales

    Shawn Rowell
    Section Image
  • Bill Sandford

    Seller Co-Listing Agent in 2023

    Bill Sandford

    AHB Realty and Property Mgmt.

    (336) 580-4282

    97 Total Sales

    Bill Sandford
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 126409

APN: 120168

North Carolina Alamance County Burlington 27215

1506 Otway St, Burlington, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Burlington Alamance County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed to be reliable, but is not guaranteed.
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